SEBI Adds Two New Agencies For Social-Impact Assessor Registration On Social Stock Exchange

SEBI has included two new agencies for registering social-impact assessors: the ICMAI Social Auditors Organization and the ICSI Institute of Social Auditors. \r

These agencies, alongside the Institute of Chartered Accountants of India, are now recognized as Self-Regulatory Organizations. Social-impact assessors must register with one of these agencies and complete a certification program by the National Institute of Securities Market. \r

This initiative supports the Social Stock Exchange, introduced in the 2019-20 Union Budget, which helps charitable trusts and NPOs raise funds through instruments like zero-coupon zero-principal bonds.